$2,909 Closing Credit*
$245,000
2,145 SqFt
3 Beds
•2 Full Baths
David Rollins, Annette Rollins, Listing Office: Century 21 Elite
Is Southern Hills, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Southern Hills was a Seller's Market.
Key Takeaway
Southern Hills is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Southern Hills, LA
How much do homes in Southern Hills, LA cost?
Median Sold Price
$197,750
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,150(-1.1%)
Key Takeaway
Homes in Southern Hills have sold for 1.1% less than they did a year ago.
Summary: The median home sold price in Southern Hills was $197,750 in November 2024, down 1.1% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $15K | - | N/A |
| 3 Bedrooms | $185K | $180K | -2.7% |
| 4 Bedrooms | $236.2K | $265K | +12.2% |
| 5+ Bedrooms | $315K | $318.6K | +1.1% |
Summary: Southern Hills housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 1.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Summer Grove | $165K | $176K | +6.7% |
| Southern Hills | $199.9K | $197.7K | -1.1% |
| Boggy Bayou | $215K | $197.5K | -8.1% |
Housing Supply in Southern Hills, LA
How many homes are available in Southern Hills, LA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 54 | 49 | -9.3% |
Summary: The Southern Hills real estate market had 49 homes for sale in November 2024, a 9.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 35 | 31 | -11.4% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Southern Hills housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.4%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southern Hills, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Southern Hills in November 2024, down by 41.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 57% were sold at asking, and 0% were sold over asking.
Days on Market for Southern Hills, LA
We’re sorry, we don't have information for this market at the moment
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